The Ca fair plan is bankrupt, and it is financially backstopped by the Insurance Companies, they will all LEAVE this State before the gubmint tries to force them to EAT THIS $200 BILLION DOLLAR LOSS. Nobody will get jack squat except maybe a $1000 housing voucher.
Taking bets now that I am right
> Nobody will get jack squat except maybe a $1000 housing voucher.<
$750 and a tent would be fair play.
EC
The amusing thing about the FAIR plan is that it creates monopoly conditions—where all insurance companies must work together and make key decisions.
I agree it would make sense for all insurance companies to bail out on CA en masse.
There is just no practical way to deal with an insane governor, an insane legislature and insane insurance regulators.